Annual income twenty pounds, annual expenditure twenty-one pounds—result misery. There is nothing fun about paying interest on money you have already spent. If you have been spending more than you make, you can reverse the process and escape the misery. We have loads of free resources created to help you develop your own spending plan: Budgeting is the process of creating a plan to spend your money. Creating this spending plan allows you to determine in advance whether you will have enough money to do the things you need to do or would like to do.
If you don't have enough money to do everything you would like to do, then you can use this planning process to prioritize your spending and focus your money on the things that are most important to you.
Learn more about budgeting and why it's important. Here are three different ways to learn how to budget: Below are three easy ways you can learn to budget. Choose the one you like best, or do some of each.
This is one of our popular budgeting resources. Tens of thousands of people use it every year to learn money management basics, budget planning and how to develop a personal or household budget that works.
Click here to explore the 7 steps or click here to download a PDF copy that you can fill out and save or click here to download a copy to print out at home. If you would like to obtain a printed copy of this booklet, please contact us to mail you a free copy please note: If you live outside of Canada, you can download one of the PDF copies of the workbook.
Practical Tips for Post-Secondary Students. Money Management Tips for Teens. Tips to Teach Your Kids about Money. Attend a Free Online Budgeting Workshop. Simple Budgeting Worksheet Excel. Automatic Expense Tracking Mint. This is a quick way to get started with your budget.
It will give you some guidelines of what it takes to design a budget that will work. If you want more details, try our budgeting workbook 7 Steps that will help you build a budget that works. To make budgeting more fun and even easier, we've created an interactive budget calculator that guides you through the process of creating a budget.
It tells you if you're spending too much or too little on different areas of your budget. As you fill your details in, it makes suggestions to improve your budget and help you save money. This smart budgeting calculator is available as a downloadable spreadsheet you can save on your computer. It's all yours to keep privately and come back to whenever you want to. If you'd much rather have someone show you how to budget and go over the elements of a successful budget such as tracking expenses, creating emergency savings, and planning for irregular expenses, then attending one of our online workshops may be a great fit for you.
Click here to check out the budgeting workshops we call them webinars that are currently available. If you are facing a reduction in your income, it is important to take some immediate steps to help survive these difficult times.
This is an overview of what you should consider doing to make the best of your situation and hopefully make this difficult period a little more manageable. If this is happening to you or someone you know, here are some important points to consider. Financial problems and challenges happen to everyone at some point, and the stress and worry can get to you.
However, realizing that there is almost always a way out can help give you some hope. You may be able to find the way out yourself, or you may need someone else's perspective to help you find a solution.
But, one size does not fit all. If you need more budgeting or debt help, here is where you can find personalized help—usually for free. Budgeting Guidelines Budget Calculator. Saving for Education Saving for a Home. Our Services Accreditations Contact Us. You are here Home. What is Budgeting and Why is It Important? How to Budget Below are three easy ways you can learn to budget.
Option 3 - Online Workshops If you'd much rather have someone show you how to budget and go over the elements of a successful budget such as tracking expenses, creating emergency savings, and planning for irregular expenses, then attending one of our online workshops may be a great fit for you. What should I do? What if I have really low income or no income at all? What can I do?More...